Daily Faceoff is a news site with no direct affiliation to the NHL, or NHLPA

NHL Signings & Free Agents

The Stars have signed forward Ryan Garbutt to a three-year contract extension.

Garbutt, 28, has posted a career-high 18 points (10G / 8A) in 46 games for Dallas this season. Amongst team leaders, he is third in hits (81), fourth in shots (105), and sixth in both goals (10) and plus/minus rating (+4).

Ryan Garbutt
The Sharks have signed Joe Thornton to a three-year contract extension with an annual cap-hit of $6.75 million US.

Thornton currently leads the NHL with 47 assists to go along with six goals (53 points) in 51 games. Thornton is in his seventh season with the Sharks, he has totalled 1171 points (337G / 834A) in 1175 career NHL games with the Sharks and the Bruins.

Joe Thornton
The Sharks have signed Patrick Marleau to a three-year contract extension with an annual cap-hit of $6.66 million US.

Marleau has 21 goals and 26 assists (47 points) in 51 games this season with the Sharks. Marleau is currently in his 16th season with the Sharks, he has 908 points (425G / 483A) in 1215 career NHL games (all with SJ).

Patrick Marleau
The Flames signed centre Matt Stajan to a four-year, $12.5-million US contract on Tuesday.

Stajan has seven goals and 10 assists in 41 games this season. The 30-year-old centre from Mississauga, Ont., made his debut in 2002 with the Toronto Maple Leafs before being traded to Calgary in 2010. Stajan has 116 goals and 212 assists in 693 career games.

Matt Stajan
he Philadelphia Flyers have signed 6-4, 217-lb goaltender Steve Mason to a multi-year contract extension, according to general manager Paul Holmgren.

Mason was acquired by the Flyers from the Columbus Blue Jackets on April 3, 2013 in exchange for goaltender Michael Leighton and a third-round pick in the 2015 NHL Entry Draft. In 36 games this season, Mason has posted a record of 19-11-5 with a 2.48 GAA, a .917 save percentage and one shutout. He has gone 17-4-5 in his last 26 appearances since November 2.

Steve Mason
he St. Louis Blues have signed Ryan Reaves to a four-year extension worth $1.125 mill. per season.

Reaves, 26, is in his fourth season with the Central-leading Blues and in 26 games, he's tallied two goals, three assists and 65 minutes in penalties. Reaves was drafted in the fifth round of the 2005 NHL Entry Draft.

Ryan Reaves
The Avalanche have signed Nate Guenin to a two-year contract extension.

Guenin was a New York Rangers' 4th round pick (127th overall) in 2002. This season he has recorded four assists in 38 games with the Avs. He has a total of eight points (2G / 6A) in 70 career NHL games with the Avalanche, Ducks, Blue Jackets, Penguins and Flyers.

Nate Guenin
The Ducks have signed pending unrestricted free-agent to a four-year deal worth $12 million US.

Cogliano is in his seventh NHL season and third with the Ducks. He is having a career year having posted 14 goals and 11 assists (25 points) in 43 games. His career is 45 points (18G / 27A) that he recorded in his rookie season back in 2007-08. Cogliano is signed through the 2017-18 season.

Andrew Cogliano
The Columbus Blue Jackets have signed left wing Kerby Rychel of the Ontario Hockey League’s Guelph Storm to a three-year entry level contract.

Rychel was the club’s second of three first round picks in the 2013 NHL Draft, selected 19th overall. Rychel, 19, has tallied 17 goals and 28 assists for 45 points with 17 penalty minutes and a +16 plus/minus rating to go along with five power play and four game-winning goals in 30 games with Windsor and Guelph this season. Rychel is currently representing Team Canada at the 2014 World Junior Hockey Championship.

Kerby Rychel
The Maple Leafs have signed captain Dion Phaneuf to a 7-year contract extension which is believed to be worth approximately $49 millions US.

Phaneuf is in his fourth full season with the Maple Leafs and has averaged 24:21 TOI while posting four goals, 11 assists (15 points) and a plus-13 rating in 39 games. "Dion is our team leader and has been a pillar in our building process," said Leafs GM Dave Nonis. "He has proven to be a very durable and reliable defenceman in all facets of the game. He plays big minutes in every situation for us and we're pleased to have him under contract for the next seven seasons."

Dion Phaneuf
The Pittsburgh Penguins have signed goaltender Jeff Zatkoff to a two-year contract extension with an annual cap-hit of $600,000.

Zatkoff, 26, stopped 24 shots against the Minnesota Wild on Thursday night to become the first Penguins rookie goaltender to win six straight decisions since Johan Hedberg did so in 2001. The 6-foot-2, 179-pound Zatkoff has posted a 6-2 record, 2.46 GAA and .912 SV% in eight games this season.

Jeff Zatkoff
The Blues have agreed to terms with forward Alexander Steen on a three-year contract extension worth $17.4 million.

Steen, 29, is having a career year, posting 36 points (22 goals) through 33 games this season. He tallied 20 goals in his first 24 games, becoming the fastest player in franchise history to reach that plateau since Brett Hull in 1990-91. Overall Steen ranks high in most major offensive categories, including ninth in points, second in goals, 15th in power-play goals (5), fourth in game-winning goals (5), 17th in shots (112) and sixth in shooting percentage (19.6%).

Alex Steen
Center Chris VandeVelde has signed a one-year contract with the Flyers and will be available for tonight’s home game against the Montreal Canadiens.

The 6-foot-2, 190-pound VandeVelde signed an AHL contract with the Phantoms during the summer. He appeared in 23 games for the Phantoms, recording seven goals and six assists. During the previous three season, VandeVelde split time playing for the Edomonton Oilers and their AHL affiliate in Oklahoma City.

Chris VandeVelde
The Rangers have signed Henrik Lundqvist to a 7-year deal worth $59.5 million US which is an average annual salary of $8.5 million US.

Lundqvist has spent his entire nine-year career with the Rangers. In that time he has posted a 284-182-57 recvord with an outstanding 2.26 GAA and .920 SV%. The deal makes him the highest paid goalie in the NHL edging out Pekka Rinne and Tuukka Rask. This has been Lundqvist's toughest year so far, he is 8-11-0 with a 2.51 GAA and .917 SV%… That is how good he is, that is a tough year. He is still the clear number-1 in New York and remains an elite goaltending fantasy option.

Henrik Lundqvist
The Coyotes have signed forward Gilbert Brule to a one-year, two-way contract.

Brule is a former first round pick (6th overall in 2005) who never materialized in the NHL. He was with the Coyotes in 2011-12 where he had five goals and 14 points in 33 games. He has appeared in eight games with the Coyotes AHL affiliate the Portland Pirates this season, where he has six goals and two assists.

The Ducks have signed center Nick Bonino to a three-year contract extension through the 2016-17 season.

Bonino is having a breakout season with the Ducks with 16 points in all 27 games. While not a steady fantasy contributor, Bonino can be a good asset moving forward for very deep leagues.

Nick Bonino
David Nonis, Senior Vice President and General Manager of the Toronto Maple Leafs, announced Wednesday the hockey club has signed forward Frederik Gauthier to a three-year entry level contract.

Gauthier was the Leafs' first pick in the 2013 Draft and 21 points in 23 games in the QMJHL this season. Expect the Leafs to take their time easing him into the lineup.

Frederik Gauthier
The RedWings have signed Jonathan Ericsson to a six-year extension with an annual cap-hit of $4.25 million.

Ericsson was the very last pick in the 2002 NHL Entry Draft, but has developed into a rock-solid defenseman for the Red Wings. He has not been a fantasy factor with a career-high of 15 points, but has become a solid shutdown defenseman skating on the top-pair with Niklas Kronwall. He is averaging 22:16 TOI through 15 games this season. He has one goal and four assists which has him on pace for five goals and 24 points. He has a legitimate chance of making Team Sweden's Olympic roster as well.

Jonathan Ericsson

NHL Free Agents: Best Available Players in 2025

Once the dust settles on the Stanley Cup Final, the NHL offseason officially commences as the latest wave of free agents hit the market as teams and players alike reevaluate their current situation and plot their next steps toward success.

With a plethora of talent up for grabs every summer, Stanley Cup contenders can be formed as well as broken up through free agency. With NHL signings going down at a breakneck pace throughout the opening days of free agency, we’ll keep you in the loop with our 2025 NHL free agency tracker. You can find all of the latest NHL signings of the free agency period as players switch teams, sign extensions, and change the outlook of the league with a single decision.

Whether you’re a diehard fan of your favourite team and are looking to stay up to date with every move made by the front office, or are an avid daily fantasy sports bettor that wants to prep for their wagers, our NHL free agency tracker is the best destination for all your free agent market news.

Types of Free Agent Markets

Each NHL free agent holds their own unique distinction when signing with a team. These distinctions are made based on a number of factors including age, NHL experience, as well as their current contract situation. NHL free agents are divided by restricted and unrestricted free agents, with each classification of player holding varying rights, including how teams are able to offer them contracts, and the results of receiving an offer.

Below, we take a deep dive into each type of NHL free agent so you can get a thorough understanding of each free agent market type, how they are able to sign with teams, and the possible outcomes from each offseason acquisition.

Restricted Free Agents

A restricted NHL free agent (RFA) is a player that is either under the age of 27 or has been in the NHL for less than seven seasons. Teams hold a form of protection over their restricted free agents, providing them with a sort of insurance if their RFA decides to sign with a new team.

While restricted free agents are technically eligible to sign a new contract with different teams, the process can become messy if a team other than their original squad makes them an offer and they accept. Restricted free agents are only able to sign a standard NHL contract with the team that currently owns the players rights, all other squads must submit an offer sheet if they want to lure away a player from their team. If an offer sheet is made to an RFA, the team who holds the players rights will be left with the option to either match the offer made to their player, or allow the player to sign with the team that made the offer sheet, in return receiving draft compensation depending on the value of the contract offered.

Qualifying Offers

In order for a team to retain a player’s rights heading into the free agency period, they must make a qualifying offer to the player. These offers are in the form of a one-year contract, with the amount offered being formulated depending on the value of their previous contract.

For any player who was on a deal worth $660,000 or less, the qualifying offer they receive must be worth 110% the amount of their previous season’s salary. For a player making between $660,000 and $1,000,000, they must be offered 105% their previous seasons salary. Finally, if a player was making more than $1 million in their previous year of duty, their team must offer them 100% of their previous season’s salary.

These offers are not final and players are eligible to receive greater or lesser valued contracts from the team that holds their rights once free agency begins. Players who reject qualifying offers remain restricted free agents.

Non-Qualified RFAs

If a team decides to not submit a qualifying offer to a restricted free agent on their roster, all non-qualified RFAs instantly become free agents and are welcome to sign contracts with any team come July 1st.

Unrestricted Free Agents

The other form of NHL free agent is the unrestricted free agent (UFA). UFAs have the right to sign their next deal with any team without restriction, as long as the offer they sign complies with league salary cap mandates and rules. Unrestricted free agents are truly what can shake up the free agent market, with many of the leagues top stars entering into the offseason as UFAs.

There are multiple forms of unrestricted free agents, each with their own unique classifications, but don’t necessarily affect the potential value of the contracts offered to them in the offseason. Below are two of the most common UFAs.

Group 3 UFAs

Common among NHL veterans, Group 3 comprises players entering free agency that are 27 or older, or have played in the NHL for more than seven accrued seasons. An accrued season is defined as a season in which a player has suited up for action on an NHL roster in at least 40 games (30 for goalies). Any player that fits this criteria will become an unrestricted free agent once their contract expires in the following offseason.

Group 6 UFAs

Another way that players can become an unrestricted free agent is by being 25 years of age or older and to have played three or more professional hockey seasons under an NHL contract (AHL, ECHL, Europe), but played in less than 80 NHL games (28 for goalies) in their career. Often, Group 6 unrestricted free agents are developing players that, for one reason or another, have not had the chance to crack into an NHL lineup, but still possess experience as a high-level player. There is no difference in the rights of Group 3 and Group 6 unrestricted free agents, but typically the latter will receive smaller contracts, both in terms of value as well as in duration.

Undrafted UFAs

The final way that a player may enter into free agency as an unrestricted free agent is by going undrafted in their three years of draft eligibility. If a player is not selected by an NHL franchise through the draft they are still eligible to crack into a final roster as a free agent.

NHL Free Agency FAQs

Who are the top NHL free agents in 2025?

Some of the top NHL free agents available this summer are Mitch Marner, Mikko Rantanen, Aaron Ekblad, Nikolaj Ehlers, John Tavares, Brock Boeser, Brad Marchand and Linus Ullmark.

This offseason will bring a stacked crop of free agents to the market that will shape the landscape of the 2025-26 NHL season. Not only will the final landing spots for each of the top 2025 NHL free agents shake up the framework of the league, but will also have major implications on the upcoming fantasy hockey season. Be sure to stay in the know in regard to the latest free agency updates with our NHL player news.

What time does free agency start?

On July 1st, 2025, at 12 PM EST, the 2025 NHL free agency period officially opens. While some players will have all but signed the dotted line up to this point, nothing can become official until noon on Canada Day.